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Article: Rosneft wraps up Arkhangelsk oil terminal overhaul.
- Article from:
- Energy News
- Article date:
- December 26, 2003
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Rosneft wraps up Arkhangelsk oil terminal overhaul
MOSCOW. Dec 26 (Interfax) - Russian oil company Rosneft has completed the reconstruction of an oil terminal in Arkhangelsk, company President Sergei Bogdanchikov announced Friday.
The first tanker loaded at the terminal since will stand out to sea in the next few days, he said. It carries 25,000 tonnes headed for Rotterdam.
The terminal can handle 2.5 million tonnes of oil, and a second line with similar handling capacity will begin operating next year.
Rosneft plans to invest $15 million reconstructing the Arkhangelsk petroleum storage depot with the aim of making it a modern oil ...